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CBK issues KD 290 mln bonds, tawarruk

— The Central Bank of Kuwait (CBK) announced Monday issuing KD 290 million (USD 957 million) worth of bonds and tawarruk.

In a statement to KUNA, CBK said that the maturity period is three months with a rate of 1.250 percent.

Late July, CBK issued bonds and tawarruk valued KD 200 mln (USD 660) with three months validity.

Source: Kuwait News Agency